The financial statements of various retailers can look very clean in some cases: decent cash balances, low debt levels, and dropping inventory levels acting as a source of cash in this tepid retail environment. In many cases, the stock prices of these retailers can seem like veritable bargains in relation to their financial statements. After all, what value investor wouldn't want to buy a company for half of what it owns in inventories alone?
Thanks for the list PIP. There were several of the... - Thanks for the list PIP. There were several of these that I didn't see or don't follow. Have a great weekend. -Bryan
1 hour ago